Abstract
The economic and the global environment play a critical role in forcing the corporates to change the existing business models. The competitive nature of global capital markets made CEOs believe that they are prepared to handle high volatile and complex business requirements. The success of an organisation depends on the attitude and mentality of its leaders. Organisational changes occur when leaders remain calm and focused with a clear understanding of the organisational goals. The expansion of economic boundaries has diversified the global marketplaces to exploit the opportunities and remain competitive, resulting in technological upgradation and cultural diversity. The number of global alliances through mergers and acquisitions increased, improving the skilling and communication methods. The corporates follow a flexible operating strategy with the right mix to succeed to meet global competition. According to a study of the CG practices in BRICS economies, cross border mergers and acquisitions led to a cultural shift and improved corporate entities’ performance. The new corporate governance has been understood with various important parameters such as ownership and business landscape, governance framework, rights of shareholders, boards independence, director’s confidence, governance indices, risk management practices, legal and regulatory framework, and so on.
The present issue is based on research on board diversity, audit quality, responsible investigation, shareholder engagement and recent trends and challenges of corporate governance for future.
We would like to thank all the reviewers for extending their kind support in reviewing the manuscripts and giving the valuable suggestions in enhancing the quality of the issue.
We acknowledge the continuous support provided by Prof R K Mishra in nurturing the journal since its inception to its current status as Editor-in-chief. As he relinquishes as Editor-in-chief, we wish him all the best in his future research endeavors. Recent issue is based on research on board diversity, audit quality, responsible investigation, shareholder engagement and recent trends and challenges of corporate governance for the future.